In the final part of our series of year-end tax planning, we will focus on tax-loss harvesting, and why consulting with an adviser is critical.  Tax-loss harvesting is a topic that is still relatively unknown by the average investor, but it has started to get more attention over last few years.  

Please keep in mind that that the deadline for making your 2015 IRA Contributions is April 15, 2016.

The contribution limit for 2015 is $5,500. If you are over 50 years old however, you are able to participate in the catch-up provision. This provision allows you to contribute an additional $1,000,  bringing you total contribution limit to $6,500.

Contact your adviser today if you have any questions about your annual contribution.

As we approach Thanksgiving, we think about the things and people that we are thankful for having in our lives. It's also a good time to think of those who may not have much to be thankful for or who have fell on hard times. 

One of the ways that you and your advisor can make a difference is through charitable donations. This will not only benefit those in need, but it will be tax deductible for you.

Contact your advisor today to discuss if this fits into your plan.